Key Discussions On Cyprus Begin Today In Geneva Under UN Aegis

by News Editor

March 17, 2025

The stage is set in Geneva for the Informal Meeting on Cyprus, scheduled to start today under the aegis of the United Nations. This key dialogue aims to explore pathways for resolving the Cyprus issue, with President Nikos Christodoulides representing the Greek Cypriot side, striving for a continuation of talks from Crans Montana in 2017.

Arriving Sunday evening, the Cyprus delegation, including pivotal political figures such as former President Nicos Anastasiades and leaders from major Cypriot political parties, joins the Geneva discussions. The event will kick off with a dinner hosted by the UN Secretary-General.

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Meanwhile, the Turkish Cypriot delegation, led by Ersin Tatar, is prepared to present scenarios focused on inter-state cooperation based on sovereign equality.

Tomorrow, the dialogue continues with bilateral meetings between UN Secretary-General António Guterres and each side, followed by a plenary session at the Palais des Nations.

The international community, including Greece, Turkey, and the UK delegations, is keenly watching this discourse, with hopes of steering towards a breakthrough solution, reflecting on past meetings, such as the one previously held in Geneva in April 2021. Cyprus’ complex political landscape, stemming from its division since 1974, continues to unfold in these international negotiations.

The Future Forbes Realty Global Properties

Cyprus Property Deals Reach €286 Million Despite Second-Quarter Uncertainty

by THEFUTURE.TEAM

July 28, 2026

Cyprus’ high-end property market remained active in the first half of 2026, although geopolitical uncertainty may have weighed on investment activity during the second quarter.

€286.4 Million Across The 50 Largest Deals

Property transactions worth a combined €286.4 million ranked among Cyprus’ 50 highest-value deals completed between January and June, according to real estate analytics firm Ask Wire.

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Examining the country’s biggest sales across all districts, the report found that the 10 largest transactions alone accounted for €161.7 million, highlighting the concentration of activity at the upper end of the market.

Limassol Extends Its Lead

A €55 million sale involving a building and adjoining fields in Moni was the largest property transaction recorded during the period.

Six of the country’s 10 biggest deals took place in Limassol, with a combined value of €117.2 million. Paphos followed with three transactions worth €35.5 million, while Larnaca recorded one €9 million sale.

Across the broader ranking, Limassol’s 10 largest transactions reached €148.2 million, representing 51.7% of the total value of the top 50 deals. Paphos followed with €68.8 million (24%), while Nicosia recorded €26.7 million. Famagusta narrowly surpassed Larnaca, reaching €21.4 million compared with €21.2 million.

Land Continues To Drive High-Value Deals

According to Ask Wire CEO Pavlos Loizou, land acquisitions continue to dominate Cyprus’ largest property transactions.

“The land market dominates the list of the 10 highest-value property transactions, with seven sales involving fields and plots.”

Many of those sites are expected to be developed into luxury residential and hospitality projects, he added.

Office Demand Remains Strong

Growing demand for office space also reflects the expansion of international companies establishing operations in Cyprus, Loizou said.

“We continue to observe growing demand for office properties, reflecting the expansion of the new ecosystem of international companies that has been establishing itself in Cyprus in recent years.”

Eight of the 10 largest transactions were completed during the first quarter of 2026, with activity slowing in the following three months.

Loizou said the slowdown may reflect investor caution linked to the conflict in the Middle East, which appears to have influenced investment decisions during the second quarter.

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